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Biden To Address The Nation On Last Full week As President

This is a big week for President Joe Biden as he takes on his last full week in office.

The President will give a speech Monday on Foreign Policy, highlighting what he considers his administration’s critical work on restoring American alliance abroad.

He is expected to touch on the wars in Ukraine and Gaza.

And Biden is then scheduled to give a farewell address Wednesday evening to cap off his term in office.

And President Biden has delayed his order blocking the sale of U.S. Steel to Japan’s Nippon Steel to until June.

The President originally blocked the $15 billion deal on grounds of national security concerns. The delay now gives courts time to review a legal challenge filed by both companies.

Biden and President Elect Donald Trump both voiced opposition to the acquisition as they courted the steelworkers union ahead of the November Election.

Nippon Steel has pledged to invest $2.7 billion to upgrade U.S. Steel’s facilities

The company warns without the investment it would shift to a Non Union Steel Mill

 

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